U.S. Assisted Living Facility Market Size is valued at USD 103.5 Bn in 2024 and is predicted to reach USD 182.3 Bn by the year 2034 at a 5.9% CAGR during the forecast period for 2025-2034.
Assisted Living Facilities (ALFs) in the United States provide housing, personalized support services, and healthcare to older adults who require assistance with daily activities but do not need the level of care provided in nursing homes. These facilities offer a range of services, including meals, housekeeping, transportation, and help with personal care tasks such as bathing, dressing, and medication management.
The U.S. assisted living facility market has been growing steadily in recent years, driven by the increasing geriatric population and the rising demand for senior care services. According to the U.S. Census Bureau’s 2021 County Business Patterns Survey, states with the most assisted living communities include California (4,100), Washington (1,902), Florida (1,804), Texas (1,295), Wisconsin (1,272), and Oregon (1,208). One key factor behind this growth is the increasing awareness and desire of consumers to age in home-based services. Many older adults prefer to live in a comfortable, home-like environment that offers support and assistance with daily activities, while still maintaining a certain level of independence. Assisted living facilities provide a viable alternative to nursing homes, offering a more affordable and less restrictive option for seniors who require some level of care.
Most assisted living facilities include 24-hour monitoring and support, wellness programs, housekeeping, nourishment, medication management, transportation, and personal care. According to the National Center for Assisted Living, 80% of residents in assisted living facilities are pleased with their living arrangements. According to forecasts based on statistics from the United States Census Bureau, the senior population will grow significantly, requiring a major increase in the capacity of assisted living networks.
The U.S. Assisted Living Facility market is segmented by age. By age the market is segmented into More than 85, 75-84, 65-74, Less than 65.
The population aged 85 and older is one of the fastest-growing demographics in the U.S., with projections from the U.S. Census Bureau indicating it will more than double from 6.7 million in 2020 to 14.4 million by 2040. This segment's rapid growth is significantly impacting the U.S. Assisted Living Facility market. As life expectancy rises, a larger proportion of the elderly population is entering this age bracket, leading to increased demand for assisted living services. Individuals over 85 often face complex healthcare needs, including chronic illnesses and mobility challenges, which assisted living facilities address through medication management, personal care, and specialized healthcare services, including care for conditions like dementia and other age-related ailments.
| Report Attribute | Specifications |
| Market Size Value In 2024 | USD 103.5 Bn |
| Revenue Forecast In 2034 | USD 182.3 Bn |
| Growth Rate CAGR | CAGR of 5.9% from 2025 to 2034 |
| Quantitative Units | Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
| Historic Year | 2021 to 2024 |
| Forecast Year | 2025-2034 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | By Age |
| Competitive Landscape | Kindred Healthcare, LLC, Brookdale Senior Living Inc., Sunrise Senior Living, LLC, Atria Senior Living, Inc., Five Star Senior Living, Capital Senior Living, Merrill Gardens, Integral Senior Living (ISL), Belmont Village, L.P., Gardant Management Solutions |
| Customization Scope | Free customization report with the procurement of the report, Modifications to the regional and segment scope. Geographic competitive landscape. |
| Pricing and Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. The U.S. Assisted Living Facility Market Snapshot
Chapter 4. The U.S. Assisted Living Facility Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Age Estimates & Trend Analysis
5.1. by Age & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Age:
5.2.1. More than 85
5.2.2. 75-84
5.2.3. 65-74
5.2.4. Less than 65
Chapter 6. Competitive Landscape
6.1. Major Mergers and Acquisitions/Strategic Alliances
6.2. Company Profiles
6.2.1. Abri Health Care
6.2.2. Aegis Living Shadowridge
6.2.3. Allegro
6.2.4. Artis Senior Living
6.2.5. Atria Senior Living, Inc.
6.2.6. Avalon Health Care Group
6.2.7. Belmont Village, L.P.
6.2.8. Benchmark Senior Living
6.2.9. Bonaventure Senior Living
6.2.10. Brandywine Senior Living
6.2.11. Brightview Senior Living
6.2.12. Brookdale Senior Living Inc.
6.2.13. Capital Senior Living
6.2.14. CareOne LLC
6.2.15. Carillon Assisted Living
6.2.16. Extendicare
6.2.17. Felicita Vida
6.2.18. Five Star Senior Living
6.2.19. Frontier Senior Living
6.2.20. Gardant Management Solutions
6.2.21. genesis healthcare
6.2.22. Integral Senior Living (ISL)
6.2.23. Kindred Healthcare, LLC
6.2.24. Kisco Senior Living
6.2.25. La Marea Senior Living
6.2.26. Leisure Care, LLC
6.2.27. Life Care Centers of America Inc.
6.2.28. Merrill Gardens
6.2.29. Morningstar Senior Living
6.2.30. National HealthCare Corporation
6.2.31. New Perspective Senior Living
6.2.32. Pacifica Senior Living
6.2.33. Pegasus Senior Living
6.2.34. ProMedica Senior Living
6.2.35. Sagora Senior Living
6.2.36. Senior Lifestyle
6.2.37. Silverado Senior Living
6.2.38. Sonida Senior Living
6.2.39. StoryPoint Group
6.2.40. Sunrise Senior Living, LLC
6.2.41. The Ensign Group, Inc.
6.2.42. The Evangelical Lutheran Good Samaritan Society
6.2.43. The Holiday Retirement
6.2.44. The Montera
6.2.45. White Sands La Jolla
6.2.46. Other Prominent Players
U.S. Assisted Living Facility Market by Age –